Amer Sports, Inc.

M&A Activity • Nov 30, 2011

Amer Sports Corporation: Notification of change in shareholding under the Finnish Securities Market Act

Amer Sports Corporation: Notification of change in shareholding under the Finnish Securities Market Act

Amer Sports Corporation
STOCK EXCHANGE ANNOUNCEMENT
November 30, 2011 at 10:30 am

Amer Sports Corporation has received information to the effect that Varma Mutual
Pension Insurance Company's (business code 0533297-9) share capital and voting
rights of Amer Sports has exceeded 5% on November 29, 2011. Varma Mutual Pension
Insurance Company now owns 6,305,214 shares, which represent 5.19% of Amer
Sports Corporation's share capital and voting rights (earlier 4.78%).

Amer Sports capital consists of 121,517,285 issued shares.

For further information, please contact:
Päivi Antola, Director, Corporate Communications and Investor Relations,
tel. +358 9 7257 8233

DISTRIBUTION:
NASDAQ OMX Helsinki
Major media
www.amersports.com

AMER SPORTS
Amer Sports (www.amersports.com) is a sporting goods company with
internationally recognized brands including Salomon, Wilson, Atomic, Arc'teryx,
Precor, Suunto and Mavic. The company's technically-advanced sports equipment,
footwear and apparel improve performance and increase the enjoyment of sports
and outdoor activities. The Group's business is balanced by its broad portfolio
of sports and products and a presence in all major markets. Amer Sports shares
are listed on the NASDAQ OMX Helsinki stock exchange.

[HUG#1567573]

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